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Contractor Invoice Reconciliation

Posted at October 1, 2018 2:44 by admin in Invoice
Contractor Invoice Reconciliation

HERNDON, Va., Feb. 24, 2003 (PRIMEZONE) — Northrop Grumman Corporation (NYSE:NOC) has been awarded a arrangement by the Federal Aviation Administration (FAA) to absolutely automate its absolute telecommunications balance process. The arrangement for balance and banking administration casework (IFMS) has an estimated amount of $79.6 actor over 15 years to Northrop Grumman’s Advice Technology (IT) sector.

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Northrop Grumman IT will body and advance a defended IFMS abstracts centermost that will abutment the FAA’s Telecommunications Infrastructure (FTI) affairs appointment with assay and adaptation of telecommunications invoices, FAA telecommunications acquittal data, resolution of balance disputes and banking assay and account tracking. At the new abstracts center, the Northrop Grumman IT aggregation will absolutely automate the absolute telecommunications balance alterity identification and altercation resolution process.

“Our aggregation offered a cardinal of strengths to the FAA, based on thorough, categorical and absolute demonstrations in the areas of invoice-related processes, establishing arrangement functions and operational security,” said Kent Schneider, president, Defense Action Solutions, Northrop Grumman IT. “Our CMMI akin 5 appraisement indicates that Northrop Grumman IT’s software engineering processes are optimized and focused on around-the-clock improvement. Strengths in this breadth will acquiesce us to auspiciously advance the FAA’s IFMS arrangement and accommodate the requisite advice aegis assistance.”

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At the IFMS abstracts center, Northrop Grumman IT will accommodate the company’s absolute telecommunications balance assay and adaptation software bales aural an IBM Websphere environment. A web aperture will be operated and maintained to accredit FAA FTI users to assay the cachet of all telecommunications casework invoices. At abounding operation, the IFMS arrangement will action invoices for 34,000 to 36,000 telecommunications casework per month. The Northrop Grumman IT aggregation is already allowance 25 government and bartering audience apprehend an boilerplate accumulation of 18 percent of telecommunications balance accuse annually.

“Our abstruse adequacy enhances the advice processing and assay solutions that we provide,” said Schneider.

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Work on the IFMS arrangement will be performed at the Northrop Grumman IT ability in Reading, Mass.

Northrop Grumman IT’s IFMS aggregation associates accommodate Bearing Point, McLean, Va.; Computer Intelligence2 Aviation, Inc., Washington, D.C.; Government Works, Inc., Oakridge, N.J.; IBM, Bethesda, Md.; Prescient LLC, Wallingford, Conn.; and TSR Inc., Mechanicsburg, Pa.

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Northrop Grumman Advice Technology is a arch provider of avant-garde IT solutions, engineering and business casework for government and bartering clients. Headquartered in Herndon, the company’s ability spans such areas as advice systems integration; command, control, communications, computers, intelligence, surveillance and assay (C4ISR); action accouterments and software solutions; training and simulation; abject and ambit support; signals intelligence; amplitude systems; bloom informatics; and specialized scientific, engineering and abstruse services.

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